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SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
This is the controlling and definitive statement of the Supplemental Executive Retirement Plan ("PLAN") 1/ for ELIGIBLE
EMPLOYEES of PG&E Corporation ("CORPORATION"), Pacific Gas and Electric Company ("COMPANY") and such other
companies, affiliates, subsidiaries, or associations as the BOARD OF DIRECTORS may designate from time to time. The PLAN
is the successor plan to the Supplemental Executive Retirement Plan of the COMPANY. The PLAN as contained herein is
effective January 1, 2005.
Words in all capitals are defined in Article I.
1.01 Basic SERP Benefit shall mean the benefit described in Section 2.01.
1.02 Board or Board of Directors shall mean the BOARD OF DIRECTORS of the CORPORATION or, when appropriate,
any committee of the BOARD which has been delegated the authority to take action with respect to the PLAN.
1.03 Company shall mean the Pacific Gas and Electric Company, a California corporation.
1.04 Corporation shall mean PG&E Corporation, a California corporation.
1.05 Eligible Employee shall mean (1) employees of the COMPANY (or, with respect to the CORPORATION and PG&E
Corporation Support Services, Inc., employees who were transferred to the CORPORATION or PG&E Corporation Support
Services, Inc., from the COMPANY), (2) who are officers in Officer Bands I-V, and (3) such other employees of the COMPANY,
the CORPORATION, PG&E Corporation Support Services, Inc. or such other companies, affiliates, subsidiaries, or associations,
as may be designated by the Chairman of the Board of the CORPORATION. ELIGIBLE EMPLOYEES shall not include
employees who retired prior to January 1, 2005, or whose employment relationship with any of the PARTICIPATING
EMPLOYERS was otherwise terminated prior to January 1, 2005.
1.06 STIP Paymen